Debt Service Coverage Ratio. Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter.
Appears in 3 contracts
Samples: Loan and Security Agreement, Loan and Security Agreement (Bluegreen Vacations Corp), Loan and Security Agreement (Bluegreen Corp)
Debt Service Coverage Ratio. Borrower shall not Not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarterFiscal Quarter to be less than 3.50 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (Cabot Microelectronics Corp), Credit Agreement (Cabot Microelectronics Corp)
Debt Service Coverage Ratio. The Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 the ratio of 1.35 to 1.00 1.00, such Debt Service Coverage Ratio being measured quarterly, on a trailing twelve (12) month basis, as measured on of the last final day of each calendar quarterfiscal quarter of the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Cybex International Inc), Loan Agreement (Cybex International Inc)
Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 Ratio, in each case as measured on of the last day of each calendar quarterTest Period, to be less than 1.25 to 1.00.
Appears in 2 contracts
Samples: Credit Agreement (PDL Biopharma, Inc.), Credit Agreement (PDL Biopharma, Inc.)
Debt Service Coverage Ratio. Borrower shall The Borrowers will not permit its the --------------------------- Debt Service Coverage Ratio to be less than 1.10 to 1.00 1 as measured on of the last day of each calendar any fiscal quarter.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on of the last day of each calendar quarterfiscal quarter of Borrower to be less than 1.75 to 1.00.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall will not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 1.20:1.00 at any time as measured of the end of any fiscal quarter calculated on the last day of each calendar quartera rolling four quarter basis beginning March 31, 2002.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall not permit its the Debt Service Coverage Ratio Ratio, as of the last day of any fiscal quarter of the Companies to be less than 1.10 1.50 to 1.00 as measured on the last day of each calendar quarter1.00.
Appears in 1 contract
Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio Ratio, as of the last day of any fiscal quarter of the Borrower beginning with the fiscal quarter of the Borrower ending on or about September 30, 2012, to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.50: 1.00.
Appears in 1 contract
Samples: Credit Agreement (PMFG, Inc.)
Debt Service Coverage Ratio. The Borrower shall will not permit its Debt Service Coverage Ratio to be less than 1.10 1.75 to 1.00 as measured on of the last day of any Fiscal Quarter, beginning with the second full Fiscal Quarter ending after the Project Construction Completion Date, calculated for the four consecutive Fiscal Quarter period ending on each calendar quartersuch date.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall will not at any time, permit its the Debt Service Coverage Ratio to be less than 1.10 1 to 1.00 1 measured as measured on of the last day of each calendar quarter.
Appears in 1 contract
Samples: Term Note (Rubicon Financial Inc)
Debt Service Coverage Ratio. The Borrower shall not permit its the Debt Service Coverage Ratio to be less than 1.10 1.2 to 1.00 1 as measured on of the last day of each calendar quarterany fiscal quarter of the Borrower, which last day occurs after the Servicing Conversion Date.
Appears in 1 contract
Samples: Credit Agreement (Harbourton Financial Services L P)
Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio Ratio, in each case as of the last day of any fiscal quarter, to be less than 1.10 1.25 to 1.00 as measured on the last day of each calendar quarter1.00.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall will not permit its Debt Service Coverage Ratio to be less than 1.10 1.25 to 1.00 1.0 as measured on of the last day of each calendar quarterany fiscal quarter of Borrower ending on or after September 30, 2006.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall not permit its permit, as of the last day of each fiscal quarter of Borrower, the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.75:1.0.
Appears in 1 contract
Debt Service Coverage Ratio. Borrower shall not permit its the Debt Service Coverage Ratio to be less than 1.10 to 1.00 as measured 1.25:1.00 on the last day of each calendar quartermonth through and including the date of termination of this Agreement.
Appears in 1 contract
Samples: Loan Agreement (Learncom Inc /Nv/)
Debt Service Coverage Ratio. Borrower shall will not permit its Debt Service Coverage Ratio Ratio, measured as of the end of each Calendar Quarter, to be less than 1.10 2.00 to 1.00 as measured on 1.00. For this purpose, the last day of each calendar quarter.following definitions apply:
Appears in 1 contract
Samples: Revolving Line of Credit Loan Agreement (Friedman Industries Inc)
Debt Service Coverage Ratio. The Borrower shall not permit its Debt Service Coverage Ratio to be less than 1.10 the ratio of 1.20 to 1.00 1.0, such Debt Service Coverage Ratio being measured quarterly, on a trailing twelve (12) month basis, as measured on of the last final day of each calendar fiscal quarter.
Appears in 1 contract
Debt Service Coverage Ratio. The Borrower shall will not permit its the Debt Service Coverage Ratio as of the last day of any fiscal quarter to be less than 1.10 to 1.00 as measured on the last day of each calendar quarter1.00.
Appears in 1 contract
Samples: Credit Agreement (Greenbacker Renewable Energy Co LLC)
